Posts Tagged ‘U.S. Government’

To the Editor,
Is the Social Security Trust Fund empty because Congress borrowed and spent the money? No. The Fund invested the money in U.S. treasuries, and it will be repaid as needed.
Suppose you were in charge of the Fund. Once the current year’s payments were made, what would you do with the billions of left-over dollars needed to fund future payments?
Would you stuff them in a coffee can and bury them in the back yard, where they would earn no interest and thereby lose
... Full Story

FACT CHECK: You can't have it all, sorry
By CALVIN WOODWARD, Associated Press –
WASHINGTON (AP) — Is there any impulse greater in politics than to promise people the sun and the moon?
Each in their own way, the Republican candidates heading into Super Tuesday primaries are telling Americans they can have "it all" — plentiful energy without pain at the pump, jobs without deeper debt, thriving factories like the days of yore, a renaissance at every dusty
... Full Story